Quote:
Originally Posted by djchameleon
Explain why China is a bigger problem. I've heard people spout that but they never go into detail. Yes I know they own a lot of bonds from us but I feel like economically they are in a weaker position than Russia atm.
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There's multiple factors and angles depending on where you focus on. The fact our entertainment industry (especially Hollywood) seem to spend more and more money on films that appeal to Chinese audiences is one trend. Other points of interest are economic (our debts to them, the bonds you mentioned, etc.). And then there's the real estate angle:
Forbes: Chinese investment in U.S. real estate is going strong - October 31st, 2016
A lot of economists simply think that a combination of these factors are a disaster for us in the long run because it gradually gives China more and more leverage over us from different fronts.